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20130107
20130115
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integrity than the man to my left." lew currently serves as the chief of staff in the obama administration and could become treasury secretary when timothy geithner leaves later this month. joining us now via skype with insights is jim bianco of bianco research. how is wall street responding? > > lukewarm on the jack lew nomination. they're not really that thrilled. > other than lew's poor penmanship, how well will lew's no-drama approach play out in the upcoming debt ceiling talks? > > in the debt ceiling talks it is going to be interesting. other than the no drama, he has got a history of being confrontational with republicans, and that is going to be difficult because that is who he's got to deal with. > didn't he once work on wall street? > > briefly at citibank for a couple of years around the time of the financial crisis. > do you think the republicans will go along with his nomination? > > i think at the end of the day he will probably get the nomination, but it won't be without a lot of skepticism and a lot of thought about whether or not they could have found a better person. > ji
met with vice president joe biden last week. the obama administration is seeking information from the industry on factors that influence violence following last month's shootings in newtown, conneticut. salaries for new grads are on the rise. the job market is still lagging, but starting salaries for 2012 college grads are up 3.4% according to a new survey. salaries in education grew the most, at 5.4% over last year. the average salary ranges from the mid-30s for health and human service jobs to 60 thousand dollars for engineering grads. the famous grauman chinese theater in hollywood has a new name. it will now be called the tcl chinese theater, after chinese tv-maker tcl bought naming rights to the 85-year- old theater. it is an icon of hollywood and draws about 4 million visitors each year for red-carpet premiers. tcl's ceo hopes a hollywood presence will increase the company's profile and better connect the cultures of china and north america. still to come, zoning in on the trading floor. a look at how traders pushed to take big bets. that's later. but first, the shocking tru
of the obama administration is stepping down. lay were secretary handed in her resignation saying she plans to return to california. soliz is expected to run for the los angeles board of supervisors. she's been one of the highest-ranking hispanics in the administration and applauded. >>> a law firm says it filed suit against several major financial institutions on behalf of california cities, counties and other public entities. the suit accuses barclays, ubs, bank of america and 19 other banks of manipulating interest rates that are set in london. it alleges that the manipulation costs the california entities billions of dloors, east bay mud, the county of san mateo and the city of richmond are among the plaintiffs in this suit: on wall street stuff bounced back from two days of losses. the dow industrial gained 61 points thanks in part to oo positive earnings report. nasdaq rose 14. >>> meantime america international group or aig has decided it will not join a lawsuit against the federal government other the 2008 bail out that saved the company. it would be like biting the hand that feeds
to hear a case that challenged the funding. the obama administration has limited funding to research stem cell lines that came from embryos from fertility clinic that other wise would have been thrown away. >>> president obama named his choices for director of defense. reporter craig boswell tells us now both men are sure to face tough questioning during their confirmation hearings. >> reporter: president obama makes a pair of high profile nominations. >> john brenham. >> reporter: hagel is a former republican senator from nebraska and a decorated vietnam senator. >> he will be the first person of enlisted rank to serve as secretary of defense. >> reporter: while the president's pointed out hagel's gop nomination many are lining up against the nomination. >> chuck hagel has said previously that he doesn't believe we ought to keep all options on the table when it comes to an aranian nuclear threat. >> he has not been a friend to israel and in my deal the united states should stand with israel. >> reporter: as for brennan. >> a 35 year veteran of the cia. john knows what our national secur
governor richardson are on a visit. >>> the obama administration suggesting it may pull out all american troops in afghanistan at the end of 2014. currently there are 66,000 american troops in afghanistan. a total withdraw could open the way for a return to power of the taliban. the no troops comment by a national security advisor could be part of the a negotiating strategy when president obama meets with afghan president on friday. >>> venezuelan officials say hugo chavez will not be able to attend his scheduled inauguration. the president of venezuela has been undergoing cancer treatment. >>> there are other stories making news around the world tonight. in peru a chinook helicopter crashed in the jungle killing the five americans and 2peruvian crew members on board. none of the americans were from california. the chopper was headed to an oil rigging location. witnesses say it lost control shortly after lift off. >>> in australia, scores of wildfires are burning in several states as temperatures soar to record highs. the fires have consumed tens of thousands of acres and dozens of homes
the national rifle association said it believes the administration has an agenda to attack the second amendment. >>> president obama nominated jacob blu to to be secretary. some republicans quickly said they oppose lue nomination. that is his actual signature a series of loops. the treasury secretary signature appears on all paper money in the united states. the president said lieu assured him he would try to make at least one letter legible. >>> a judge in colorado ruled there is enough everyday for james holmes to stand trial for the aurora theater massacre. holmes is charged with 166 counts for killing 12 people and injuring 70 others in a crowded theater last year. he could face the death penalty. >>> police in san jose say they seized thousands of dollars worth of guns and firearms after executing a search want on the 700 block of ross circle. they discovered $65,000 in cash, multiple firearms including 2 pounds of marijuana and more than 200 pills of oxycotin and vicadin. officers identified a suspect as terry lee washington. he faces several charges including being a felon in possession
Search Results 0 to 5 of about 6